Manage Risk

Collections

Validate the best address on file for right party contact based on vehicle location analytics. Score the addresses on file to target collections and identify accounts that should immediately be assigned for recovery.

Recovery

DRN’s recovery products allow you to focus your resources on the collectible debts and recoverable assets. Find out how DRNsights can help you significantly increase your recoveries.

Recovery

DRN has helped lenders recover up to 35% more assets using vehicle location data. Increased asset recovery results in lower risk and the ability for firms to originate more loans. Our advanced analytics give you new, DRN Locations to target assets and reduce your risk. When combined with other investigative solutions, DRNsights is a proven solution to reduce charge-offs and increase recovery volumes by locating more vehicles, faster.

Products:

Collections

DRNsights matches vehicle location data against your customer contact information to identify the best address for contact. Making right party contact is critical for collections and our vehicle location data can point you to the best address. Collection firms use our vehicle locations to validate given addresses to ensure customer conversations and increase positive outcomes in collections. Debt buyers accurately value portfolios and maximize liquidation using our vehicle location data.

Products:

Manage Risk

Reduce fraud’s toll on your portfolio profits. DRNsights help to verify vehicle address information and let you know if something has been exported, stolen or salvaged. False or inaccurate vehicle address information is an indicator of fraud and can be actively managed to reduce risk. DRN’s data allows you to be alerted when your assets fall into a risk condition.

Products:

Originations

DRNsights helps to validate customer supplied origination data (Ex. license plate of the customer’s trade in vehicle and address), answering the question: “Does the customer live where they say they live?”

DRN’s data provides unique, alternative insights that can help to better determine risk for customers, giving you new tools to evaluate the authenticity of customer provided information. With more verifiable customer loan data at hand, you can properly price and write more loans for increased returns on your portfolio.